On Friday, Athene listed its shares on the New York Stock Exchange, raising $1.1. billion at a $7.4 billion valuation and setting the stage for a growth spurt that should fuel Apollo’s bottom line for years to come.

Athene, the pensions provider, is to embark on aggressive expansion plans after successfully pulling off a $1.1bn flotation in New York - the third largest for a US company this year. "We expect to ...